Latest News & Analysis

Novo Nordisk Forecasts Sharp Revenue Drop in 2026
The maker of Wegovy and Ozempic has predicted a sharp drop in revenues this year, owing to a push by Donald Trump to lower US weight-loss drug prices, rising competition and the loss of key patent protections.

Hair Loss Biopharma Firm Veradermics Raises $256 Million in IPO
Veradermics Inc., a biopharmaceutical firm focused on hair restoration, raised $256.3 million in an upsized US initial public offering priced above the top of its marketed range.

Watches of Switzerland Group Boosts Outlook as Tariff Impact Eases
The top UK Rolex seller upgraded its annual sales outlook as demand for luxury timepieces rebounds, particularly in the US.

The Metrics That Matter in Today’s Creator Economy
As influencer marketing becomes more essential, and creators demand more money, brands have to parse through an increasing amount of data to confidently invest in their influencer strategies.

Exclusive: How Our Legacy Plans to Level Up as Sales Top $50 Million
The fast-growing Swedish label’s ‘consistency has merged with the zeitgeist,’ chief executive Richardos Klarén said, as LVMH fuels retail expansion.

Creating Meaningful Connections With the Gulf Consumer
BoF’s latest knowledge report examines strategies for how fashion and beauty brands can create lasting impact and culturally resonant activations with the GCC consumer base.

German Watchdog Says Shein Must Substantiate or Remove Net-Zero Claims
The ultra-fast fashion retailer says it has updated language on its website following engagement with the group.

Are Shoppers Ready for Beauty Robots?
Investors and retailers are bullish on machines that perform beauty services like nails or lashes — but professionals and shoppers aren’t fully on board.

Michael Kors Parent Capri Raises Annual Revenue Forecast
Capri Holdings raised its annual revenue forecast, driven by strong performance from its Jimmy Choo brand, despite a dip in overall revenue and continued pressure on Michael Kors.

Pandora Climbs on Silver’s Price Plunge
The Danish jewellery maker’s shares surged as much as 10 percent on Monday, driven by a historic slump in silver prices ahead of its fourth-quarter earnings release and strategy update.

Will Gen Z Ignite India’s Luxury Market?
Brands risk missing India’s next growth phase without smarter strategies for under-30s rooted in culture, access and community.

Worldview | What India’s Trade Deals with US and EU Mean for Fashion
This week’s round-up of global markets fashion business news also features the next wave of Chinese luxury malls, Sri Lanka’s apparel exports and plans for Saudi Arabia’s new fashion district.